LTOUSDT trade ideas
LTOUSDT (LTO) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- LTOUSDT is building up in a descending triangle pattern.
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the descending triangle's inclined resistance.
-Downtrend ⬇️: breakdown below the descending triangle's horizontal support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: fibonacci extension levels.
LTOUSDT Pair [Binance Coin]LTO is already in a strong uptrend which why trend continuation plays the best option.
For this I will use the moving Averages: GREEN(10), ORANGE(20)Purple(50), BLUE (100), RED(200)
We see how the green and orange ones are pressing the price down. Once the price reclaims the 10 and 20er moving averages the trend is confirmed as bullish again, and we can define our risk below previous swing low.
LTO short using volume profileVolume Profile is showing us that if LTOUSDT breaks this HVN at (0.211), it is going to the next HVN at (0.234)
Buy 0.211
TP 0.234
SL 0.205
This is not financial advice. Do your own analysis to trade.
Good luck, traders :)
LTO is volatile but bullish in long termeverything is explained on the chart. if you're a pro, you can daytrade in 1 hr chart... be cautious that buy and sell zones need to have high volume. LTO is not synchronized with the other market pairs.
follow and comment to support and receive more TAs.
Buying LTO hereBuying LTO spot here, stop-loss when the price crossed below the trendline
Easy Trading Indicator for Beginners
When the ema1 crosses above ema2, the area will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the area will be painted RED in color, and a SELL signal will appear. = SELL
Area painted with ORANGE color means ready for flipping your position or take profit from your current position
LTOUSDTA volume diversion bar has formed on the daily chart. Fractal is above the 13ema and price has pushed into the high/low 5ema channel without crossing the high. Price is above the 200ema and RSI above 50, which tells us this is an up-trending market. The first target is the last fractal high or a volume diversion bar to the downside. A stop will be placed below the prior daily candle 13-01-2021. Enter on today's candle 14-01-2021. Good luck!
SNX Long Term IdeaEveryone is currently bullish, which, considering the market conditions is warranted. When the lunar new year bear trap comes around, I am hoping to buy SNX in the green zone, sub-$10.
It might never happen, but if it does, that is what I am expecting to be the optimal entry in the $7.90 to $9 range.
Cup and Handle pattern breakout!A perfect cup and handle which is formed for more than a year is playing out now. Resistance level is broken validly with a bullish candle.
The LTO rocket is only awaiting for passengers to gain momentum and, then skyrock.
